Latest Trends, Key Findings and Key Players Analysis Of Medical Terminology Software Market (2019-2024)


Latest Trends, Key Findings and Key Players Analysis Of Medical Terminology Software Market (2019-2024) 1

According to the new market research report   Medical Terminology Software Market by Application (Data Aggregation, Reimbursement, Decision Support, Clinical Trials), Product & Service (Services and Platforms), End User (Healthcare Provider, Payer, IT Vendor) – Global Forecast to 2024, "   published by MarketsandMarkets ™, the Medical Terminology Software Market is projected to reach USD 1,786 million by 2024 from USD 707 million in 2019, at a CAGR of 20.4% during the forecast period. The growth in this market is driven by factors such as the rising focus on minimizing medical errors, government initiatives for HCIT adoption, and disparity and fragmentation in the terminology of healthcare organizations. 

The increasing need to maintain data integrity is expected to provide further growth opportunities for market players in the coming years. 

Do not miss out on business opportunities in   Medical Terminology Software Market. 

Download an Illustrative overview of the report:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239939409

The data aggregation segment to account for the largest market share in 2018   On the basis of application, the Medical Terminology Software Market is segmented into data aggregation, data integration, decision support, clinical guidelines, reimbursement, quality reporting, clinical trials, and public health surveillance. The data aggregation segment accounted for the largest share of the Medical Terminology Software Market in 2018. The large share of this segment can be attributed to the growing focus on reducing medical errors and the need to create a consistent and comprehensive data source and improve performance measurement and transparency in patient care.

The services segment is expected to dominate the Medical Terminology Software Market during the forecast period from 2019 to 2024

 Based on product & service, the Medical Terminology Software Market is segmented into services and platforms. The services segment is expected to account for the largest share of the Medical Terminology Software Market in 2018. The large share of this segment may be attributed to the increasing demand for the standardization of patient data and the need for medical errors and accumulation of large amounts of healthcare data. 

North America    to dominate the Medical Terminology Software Market in 2018

 North America    is expected to account for the largest share of the Medical Terminology Software Market, followed by  Europe  and the   Asia Pacific  The large share of   North America   is attributed to the high adoption of HCIT technologies, regulatory requirements regarding patient safety, the presence of leading market players in the region, and growing demand for accurate data exchange between healthcare providers and payers to streamline workflows.           

Prominent players in the Medical Terminology Software Market are Wolters Kluwer (  Netherlands  ), 3M (US), Intelligent Medical Objects (US), Apelon (US), Clinical Architecture (US), CareCom (  Denmark  ), BITAC (  Spain  ), B2i Healthcare (  Hungary  ), BT Clinical Computing (  Belgium) ), and HiveWorx (  Ireland ). 

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=239939409


ResearchNews

Compartilhar Conteúdo
Release / Artigo
Texto com Imagens
Vídeo
Youtube, Vimeo ou Vine
Áudio
Soundcloud ou Mixcloud
Imagem
Fotos e Imagens